Yangyang Pine 1 grade 1,366,600 won trial ends this fall, records high price in South Korea

Published 2021년 10월 5일

Tridge summary

The fall wild sheep pine tree trial concluded on October 5, reaching an all-time high first-class trial price of 1,366,600 won per kilogram, surpassing the record set in 2009. The price increase is attributed to a decrease in harvest due to poor crop conditions from last summer's high temperatures. The total amount of wild sheep pine trees tried this fall by the Yangyang Sokcho Forestry Cooperative was significantly lower than previous years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Yangyang = Yonhap News) Reporter Lee Jong-geon = This fall's trial for wild sheep pine trees ended on the 5th, breaking the all-time high for first-class trials. According to the Yangyang Sokcho Forestry Association on the 5th, on the day of the closing of the trial for wild sheep pine this fall, the trial price per kilogram of grade 1 recorded 1,366,600 won, the highest price ever. So far, the highest selling price for first-class wild sheep pine is 1.361,000 won in 2009. On the 13th and 14th of last month, the first grade of wild sheep pine, which recorded 1.1 million won and 1,011,100 won, fell to 669,400 won during the Chuseok holiday, but it started to rise again after the holiday and exceeded the 1 million won line every day from the 24th. It is analyzed that the increase in the price of wild Yangyang pines is because the harvest decreased due to poor crop conditions due to the high temperature phenomenon last summer. In fact, the total amount of wild sheep pine trees that ...
Source: Yna

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